229k views
1 vote
Regal Financial Institution specializes in home loans. What type of financial institution is it?

User Litel
by
8.1k points

1 Answer

2 votes

The type of financial institution is Home-Equity Lines. Home-Equity Lines of Credit. Works like a credit card. A certain spending limit is pre – approved to the borrowers and can withdraw money when they need via the credit card.

User Larp
by
9.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.